Spectrum owner acquires 64-year-old rival as customers depart
Charter Communications has completed its acquisition of a major competitor as it works to prevent losing more customers.
Charter Communications has completed its acquisition of a major competitor as it works to prevent losing more customers.
BELLINGS Intelligence Score: 18
Why it matters
This is a routine acquisition in the cable/spectrum sector reflecting ordinary market consolidation amid customer losses, with limited broader credit-market impact or novelty.
Sources
TheStreet
Spectrum owner acquires 64-year-old rival as customers depart
Charter Communications has completed its acquisition of a major competitor as it works to prevent losing more customers.